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20130119
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Search Results 0 to 49 of about 93 (some duplicates have been removed)
they have to really assert a move toward deficit reduction? >> you know, in my mind they actually missed the best chance they had, which was the expiration of the bush tax cuts, which was really the best chance for both sides. if there was ever a point where a grand bargain was possible, it would have been i think the republicans accepting rolling back more of that tax cut than we did in return for acquiring democrats to deal with the very real long-term challenge of entitlements. we did not take advantage of that. we had a minimalist deal that confirms 82% of bush tax cuts, possibly the worst possible outcome and no spending cuts, probably the worst possible outcome in the long term from a deficit perspective. now i think the history is this is not a powerful mechanism. in the end it's a doomsday device you cannot use. you go back to the midninety with bill clinton and the republican congress, look at 2011. i think in the end they will decide they cannot use this measure and they seem to be heading that way this week in their house republican retreat. >> ian bremer is with us. he's the
option. this is the congressman. >> the public option would decrease the deficit 104 billion over 10 years . >> and not everyone agrees that government health insurance would save money. republican critics say it is too costly and could bankrupt the country so who is right. >> i am dave asbin. welcome to forbes on fox. it is elizabeth mcdonald and rick unger and morgan bren an . we just can't afford a full-blown national health care system. >> no, we can't. every country that tried the health care system experienced higher cost or less health care. with obama care, it is a back door in a single payer system. of course, it costs more. >> mark tage. this is what he has plan obama care is not a single payer plan which is national health care. is that what it is turning into? >> i think it is going to have to be a single payer plan. will this reduce the deficit, no. is your goal here to provide health care to people? >> the private sector has not done a good job of >> it is going two or three times the rate of inflation . >> but you are saying that a government take over of health care w
our trajectory of our budget deficit is going to be. certainly, the budget is not simply a numbers issue. it has a big impact when you translate it into the lives of our residents. when you are talking about deficits that may impact the morning commute because you write muni -- you ride muni, or whether we're talking about closing down seven facilities, or whether we're talking about impacts to services, there is an impact to residents, so i think that impact of the budget is big, as well as economic growth for our residents. >> what are the biggest issues for your district? supervisor chu: sunset district is a great district. it has many residents who are families. we have a lot of families in our district. lots of kids, lots of seniors, people who have raised their families there for many generations, and one of the paramount thing is, aside from the larger issues that are important to the entire city -- i think the big issue that is really in people's minds is the state of the economy. how is it that we are going to be able to bring down the unemployment rate in san francisco? h
years and, ironically, the whole fiasco actually added to the deficit. >> republicans basically had no choice but to retreat from their hard line position, negotiating with the american people. if the country defaulted, they would be responsible for a global economic collapse. the new plan for a three-month increase guarantees another debate in the next few months. okay, let's have it. it also shows republicans never had any intention on carrying out their threats. get your cell phones out. want to know what you think tonight. tonight's question, do republicans finally realize the consequences of holding the economy hostage? text a for yes. text b for no to 26239. debbie waserman schultz of florida, chairwoman of the dnc. good to have you with us tonight. >> thanks, ed. good to be here. >> is this a big victory of sorts or is this a trap as some democrats have labeled it? >> it's a little bit of both, because while it is good to hear that the republicans are recognizing that we cannot play chicken with our economy, that we cannot jeopardize the full faith and credit of the united st
is going through, and where he is taking the country. by playing on the republican field of deficits and debts instead of joblessness or say we're all trying to compromise, you make people feel everyone is equally involved in a gridlock that has led to a point where congress has a lower popularity rating than the banks. that is a feat. 9%. it is dropping even though there are good people inside the congress. there is a progressive congress. they put out a people's budget. bernie sanders has exposed the fed giving out trillions of dollars in addition to the tarp bailout. >> barney frank has taken a hike. >> that is worth talking about. you see in this congress michele bachmann and michele bachmann one of these -- wannabe's. there are fights about redistricting. >> use of the one strength the president obama, his rhetorical skill, is not sufficient. >> it has not been used at the scale necessary in this time of crisis. america is in a crossroads. this is a moment comparable to coming out of the great depression. this was a moment coming out of the financial crisis when tectonic shifts
. the commission was focused on cuts and not investments. the great deficit in this country is the investment deficit, the investment in people and infrastructure. there were attempts to revive it. it was a super committee proposal. i think it is a good thing the super committee failed to reach an agreement. we will see where that goes. it was not a fair deal. there was so little revenue and so much padding. -- so much cutting. someone was writing the other day that the anti-tax mania is at an all-time low. reagan was willing to raise taxes. it shows how extreme. someone said the of the grover norquist may be the most powerful person in america. the new pledge he has held canada is to. he has held candidates -- the new pledge he has held the new candidates to is keeping millions -- it has a role to play in a country rich in the land grant colleges, highways, bridges. i understand the bridge out here is about to be built. i am all for infrastructure. >> obama in a way has to be the luckiest politician. if you look at the republican lineup -- [laughter] it is like michael dukakis in an oversize
this deficit in half as larry drew pass to powell for the corner three. three-point lead for the ducks here in westwood. time-out. ♪ ♪ ♪ ♪ [ male announcer ] bud light. for the fans who do whatever it takes. give your team some mojo at facebook.com/budlight. here we go. [ male announcer ] whether it's mom's smartphone... dad's tablet... lauren's smartphone... or kevin's smartphone... at&t makes it affordable for the whole family to share data on all their devices. with at&t mobile share. you can add a tablet for $10 a month. at&t. rethink possible. ♪ ♪ ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 lexus ls f sport. an entirely new pursuit. >> spero: tomorrow, tom bikers bump and run on the a.m.a. super cross. something has to give when the top 15 cowboys get ahold of the toughest bulls in the pbr bucking battle. that's tomorrow at 1:00 eastern right here on cbs sports. oregon 62, ucla 59. 3:30 to play in the second half. time for the capitol one impact performance with 3:30 to play. >> doug: travis wear, a transfer from north car
question. don't necessarily have the answer to that. i do know we can eliminate the deficit simply slowing down government growth. we don't need to cut government. we simply need to slow it down. if we do that we'll eliminate the annual deficit. >> you hear the argument that is like throwing granny off a cliff. >> i don't think it is. i disagree with it. neil: do you feel attempted to go into politics? >> no. if i ever do i hope somebody talks me out of it. neil: some of the best ideas i ever heard, john are from guys like you. the whole process soils you, oh, my god, i can't deal with it, it is so stupid? >> it is difficult because i found in my own experience when you're very authentic and tell the truth and honest often times get attacked. you get smeared, you, very difficult. takes a lot of courage, i think to go into the political realm these days. neil: will be interesting. put it that way. john mackey. whole foods market cofounder, co-ceo. conscience capitalism. read it. thought to paper and thought that sticks in your head. all right. inauguration on monday. we are there. i'm there
comprehensive immigration reform and pursuing the deficit in a balanced way and hear more in the state of the union address and many of the campaign are organizing and they are passing that initiative. >> he will make good on cutting the nation's debt in half? >> absolute he. he put forward a plan to reduce the deficit by four trillion in a balanced way and that is it a top priority and as he enters the year with this congress and i expect you will hear more ahead . >> the president has tough challenges. the gun debate and debt ceil job creation . will we see a different leadership style in his second term? >> i think one thing that is clear this time around, the american people voted to reduce the deficit in a balanced way. they voted to pass the comprehensive immigration reform . 90 percent of the american public supports universal background checks and one of the things that campaign supporters will make sure, he has a man date every time to enact the changes and the house republicans are responsive to what the american people voted for and public opinion is . you will see a lot of
, if there is new changes in the next couple of decades, deficits will rise, the debt to gdp ratios will rise and our debt will become unsustainable. an important objective for policy is to bring the federal budget under control over the next few decades. as you know, we're still in a relatively fragile recovery and we want to avoid taking fiscal actions that will push the economy back into recession. that was one of the risks that the fiscal cliff pose. tax increases and spending cuts to that size, the cbo and others estimated that unemployment would rise and we very well might go back into a recession. so the challenge is to achieve long run sustainability without unduly hampering the recovery which we have. the deal that was struck, together with the previous work in 2011 that involved some spending cuts made some progress in both of these goals. on longer and sustainability, over the next decade or so, we have seen some movement toward stability in terms of the debt to gdp ratio. more work can be done, for sure. and then, on the short run, the fiscal cliff deal on new year's eliminated a
. for decades we have piled deficit upon deficit, mortgaging our future and our children's future for the temporary convenience of the present. to continue this long trend is to guarantee tremendous social, cultural, political, and economic upheavals. you and i, as individuals, can, by borrowing, live beyond our means, but for only a limited period of time. why, then, should we think that collectively, as a nation, we're not bound by that same limitation? we must act today in order to preserve tomorrow. and let there be no misunderstanding -- we are going to begin to act, beginning today. the economic ills we suffer have come upon us over several decades. they will not go away in days, weeks, or months, but they will go away. they will go away because we as americans have the capacity now, as we've had in the past, to do whatever needs to be done to preserve this last and greatest bastion of freedom. in this present crisis, government is not the solution to our problem, government is the problem. from time to time we've been tempted to believe that society has become too complex t
. and president obama used to hate the debt ceilings. it's time to build something that controls the deficit properly and not arbitrary. >> brenda: toby, doesn't this basically give a blank check to washington saying we don't need a limit. at least when we have a limit we're forced to look at that number and realize how much we're borrowing. >> if that logic were true, they wouldn't have passed any of the spending stuff. first off, two countries in the world, united states and sweden who have a debt ceiling. people got rid of it, because what jonas is saying, it's political. and the second issue is, i don't want our economy held hostage and run by washington, right now, the buffoons in congress have more power over the economy with the, you know, stupid idea. if we give them this type of power we've hurt ourselves, kick the power away as far as i'm concerned. >> isn't this a dangerous way to enforce fiscal discipline? shouldn't we be doing it because we have a budget and stick with it like most americans have to? >> well, we do have a budget, but the budgets aren't being passed. they're not
will reyour trillion dollar deficit spending each year 5%, folks. so they gave them that. what does he come back with? we want more. i want more tax hikes which aren't going to do anything to calm the debt and the spending. he is not willing, and so i think back to what joe said. i think marco said this too. small business owners and large corporations can't trust the president. that's why they're sitting on top of all this cash and not hiring. that doesn't bode well. neil: marco, quickly you see nothing to dissuade you or some of your colleagues from getting off that? >> businesses are still growing, neil but they're not growing as much as they otherwise would. and that uncertainty has a very real trickle down effect. i'll use us as an example. we're building a new gio pronto restaurant right now. i would have loved to borrow the total investment from people like joe and gold coast banking. no way i'm going to do that based on uncertainty. i go borrow less than i would otherwise need. i do things like b refurbished equipment than new. that doesn't help manufacturing sector. i manage the pr
to deficit reduction, what else is on his second term to-do list. and is compromise or confrontation the real goal? plus the suicide of an internet activist finds his family crying foul. was aaron schwartz a victim of government intimidation and a run away prosecutor. >> while there's no law or set of laws that can prevent every sinceless act of violence completely, no piece of legislation that will prevent he every tragedy, every act of evil, if there's even one thing we can do to reduce this violence, if there's even one life that can be saved, then we've got an obligation to try it. >> paul: welcome to the journal editorial report, i'm paul gigot, that was president obama rolling out the plan to curb gun violence and the president outlined 23 executive actions, including more steps to make more federal data available from background checks and increased access to mental health services and he called on congress to reinstate the federal assault weapons ban and prohibit high capacity gun magazines that can hold more than ten rounds. so, what's likely to get passed and what difference will it
and allow us todú create jobs here. deficit reduction is really good for us. we support the simpson-bowles. it hurts everyone. it shows sacrifice is painful, even for us. he needs stability in the finances of our country. everyone needs to stand up on both sides, republicans and democrats. those are the big issues for us. there is another one that affects innovation. lawyers. from the smallest art to the biggest companies, we need more certainty. dúdo not violate patents and do not peak -- do not put people out of work. dúthere needs to be some certaiy in the system. >> do a lot of members of congresseú -- what do you want them to leave with? >>dúdú we try to reach as many officials as possible. certainly member members of the congressional staff, people from the highway administration, we want people to come here and see the real world. you cannot learn in washington word dealing people who ask are given information. dúshe said, you have to come he. let me tell you, the rules are so tough. they are working the whole time. every major tech company is here. we have 3500 people
in this country, you know, chief among them the economy, the budget deficit for crying out loud. a dysfunctional government. in have to go to -- 4%. what in the world is going on in that town? >> not the first time there were talking about things that the rest of the country does not care about as much. interesting. this poll comes out with 71 percent of americans believing these new laws are unlikely to actually prevent future mass shootings, and then there was a washington post-abc poll earlier this week that found 55 percent of americans believe that the most effective way or one of the most effective ways to stop these things is to have armed guards and schools. much more in line with what the nra was proposing. people are skeptical of new laws, and i think they're right to be. if there are going to be new measures undertaken, they want to do things that are not what the white house is proposing right now. lou: there is a dishonesty in this initiative that i find appalling. this president reacted skeptically to the proposal by the nra to put armed guards at schools all over the country. the
up 4 consecutive trillion-dollar federal budget deficits in his first term. he has an economy that is not being returned to prosperity. 23 million people still unemployed. we have, i think bill. i think if i may. you undersell folks just a little bit in that i think everybody is smart enough to know there is is a problem. i think everybody is pretty much smart enough to know that we have got to come up with a solution. when you have a national media part of this coalition of interest and depen dense on the democratic party, there is no way for them to have validation. there is no way for them to have an aggressive watchdog that would normally, traditionally, historically be attacking the miss adventure of those in power. >> we agree that the media is in the tank. i'm almost stunned that you think, to quote you, everybody understands the issue. i will tell you why, you go right outside the fox news channel building now and you stop people and go what about the federal debt? come on. >> let me put it in some context. there was a time in this country and everybody may be slightly
immigration reform, reducing the deficit in a balanced way. the american people voted for both parties to work together on those issues. that's certainly something the president is seeking to do. >> so, ben, i'm curious, preparations for monday, are they all done at this point and when do you start planning for this? i'm guessing you have to do it even before the election is done, right? >> that's true, there are many officials, particularly at those security officials and congressional officials who put the events on the mall together, prepare the security, the logistics, they've been working for over a year, regardless of who's going to be the next president. in terms of this committee that's put together the program, that's taken a couple of months to put together. it's not all done yet, we're pretty much ready to go. but two more days of work and we'll be there. >> i'm sure it will all be ready to go by monday. ben, i have to ask you. what is going on behind you and good on you for still talking over that? >> well, i think you can hear the performers appealing to all demographics. this one
the debt ceiling. this is the question we posed. is reduce the federal deficit a worthy goal? this is interesting you may recall white house press secretary made news by stating that deficit reduction is, quote not a worthy goal onto itself. 77% of voters disagree with them and that includes large majorities of republicans, independents and democrats. what is your take on this? >> again i don't want to be a downer here, the question is what urgency to do they place on that. we had an election two months ago where there were two candidates, one was more focused on cutting the deficit and reducing our long term debt and one didn't think it was a big concern. the one who didn't think it was a big concern won the election. yes, voters seem to say that is an issue they agree with, but when it came to election day two months ago that certainly wasn't one of the top issues they voted on because they voted for the candidate who wasn't embody go it. >> heather: through his actions, as well. that leads to this, how f or if it should be raised? should the debt limit be raised again, 23%
a deficit. they have no idea that we've got tons of revenue but that spending is at a ridiculous level now. 25% of gdp. it needs to get down to 17% of gdp. nobody has explained this to the public properly or convincingly. >> aunder your favorite presidet the debt has gone from roughly 10 trillion to 16 trillion. we just had the treasury numbers out yesterday. in fact, in the last year it went up again 1.3 trillion. now, this leaves an opening for the republicans. but i don't think they're smart enough to take it. and i agree with costa. actually, the president, who is a very clever political guy, they're letting him get off because he doesn't want to cut 13e7bding. mark is right. except smash the defense department. the rest of it, the entitlements, the discretionary, the little entitlements, he doesn't want to touch them. >> i don't know. was there a question in there? >> i think somewhere. somewhere there's a question. >> i don't know what to say. i guess spending is not what the democrats run on. i see this repeatedly. this is the republican party platform. when the democrats propose sp
. he will have to talk a lot more in the state of the union about deficit control. we have this new fox poll out tonight to. people are upset about fiscal cliff deal. when asked if their paycheck is smaller this year because of more taxfuls being taken out 60% say yes 25% say no. he is going to have to talk about more deficit reduction. they will do a will little partying this weekend they real lives it's right back to work, bill. >> word of a solution to prevent the united states from defaultingen its debt. the house majority leader eric cantor saying that lawmakers will vote next week on a short-term plan to let the government borrow more money effectively raising the debt ceiling. the deal not all worked out just yet. but apparently it this will not require the spending cuts that house republicans had wanted. just released fox news poll finds that 69% favor raising the debt limit only if there are major spending cuts involved. and 23% say it's reckless not to raise it regardless. the poll also shows more than 8 in 10 think government spending is out of control. only 11% believes it's
challenges and budget deficits and we need to expand our tax base and we need to take advantage of what's happening right now. >> reporter: exactly how we take advantage is ripe for debate. but, most agree better education and visas for the scientists we train in the u.s. is a good start. and, remember what i.b.m.'s myerson said about continuity: it's just as important to a country, as it is to a company. >> the moment you believe there is no nger of losing your edge is when it disappears on you. >> reporter: suzanne pratt, "n.b.r.," at the watson research center. >> susie: be sure to join us on monday for our special edition on american innovation. that's it for us this friday evening. have a great weekend everyone. you, too, tom. >> tom: goodnight, susie. we'll see you online at nbr.com and back here monday night. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org
Search Results 0 to 49 of about 93 (some duplicates have been removed)

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